Amarin Corp Plc (AMRN)

[oneragman]

JRPac, I wanted to respond because you are correct. I jumped from buybacks to dividends inadvertently. It doesn't change the fact that buybacks use the same principle.
Key Aspects of a Share Buyback:
-This type of transaction is only used when the company is purchasing the shares from the shareholder and there is an exchange in money (nominal value at least).
-Shares can only be purchased by the company out of its distributable profits.
-Shares can be bought back at a premium.
-This process requires a special resolution.
When bought back, the shares are either cancelled or held as treasury shares.
Covered by Companies Act 2014 and Taxes Consolidation Act 1997.